China's overnight Shibor interbank rate unchanged Monday

NAMPA / Xinhua
2024-11-18
BEIJING, Nov. 18 (Xinhua) -- The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, stayed flat at 1.47 percent Monday. The seven-day rate rose 1.2 basis points to 1.697 percent, the one-month rate edged down 0.2 basis points to 1.794 percent, and the one-year rate stayed flat at 1.899 percent. Shibor is a simple, no-guarantee, wholesale interest rate calculated by arithmetical......
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